Indonesia Launches National Stablecoin Backed by Government Bonds

Bank Indonesia is paving the way for a new era in digital finance with the launch of a national stablecoin backed by government bonds (SBN). This initiative, a key component of the country’s CBDC program, aims to modernize monetary operations and enhance financial transactions. Governor Perry Warjiyo announced this move during the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta.